Traders have been keeping a close eye on shares of Chatham Lodging Trust (CLDT). Currently, the company has a 14-day RSI of 59.03, the 7-day is 59.41, and the 3-day is resting at 40.79.The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the […]

Investors have the ability to employ technical indicators when undertaking stock research. At the time of writing, MercadoLibre Inc (MELI) has a 14-day Commodity Channel Index (CCI) of -130.59. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific […]

El Paso Electric Co (EE) presently has a 14-day Commodity Channel Index (CCI) of -105.83. The CCI was created to typically stay within the reading of -100 to +100. Traders may use the indicator to determine if a stock is trending or to spot overbought/oversold conditions. A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. On the other hand, […]

Watching some technicals on shares of iShares Dow Jones US Energy Sector Fund (IYE), the 50-day Moving Average is 37.08, the 200-day Moving Average is 38.92, and the 7-day is noted at 36.18. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and […]

Tracking stock levels, K2M Group Holdings Inc (KTWO) has a 14-day Commodity Channel Index (CCI) of -60.38. Even though the name contains the word commodity, CCI can be used on other investment tools such as stocks. The CCI was developed to typically stay within the -100 to +100 levels. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply […]